Gulf Of Mexico News

 

BP Sanctions latest Thunder Horse expansion

May 06, 2019

BP is set to go ahead with its Thunder Horse South Expansion Phase 2 project in the deepwater Gulf of Mexico after announcing project sanction. Thunder Horse Expansion Phase 2 will boost output at one of the largest oil fields in the Gulf of Mexico by about 50,000 gross barrels of oil equivalent per day (boe/d) at its peak at the existing Thunder Horse platform, with first oil expected in 2021. The…

Valaris New Contracts Touch $285Mln

Nov 26, 2019

Valaris, the provider of offshore drilling services across all water depths and geographies,  announced new contracts and contract extensions, with associated revenue backlog of approximately $285 million.The United Kingdom-based offshore drilling contractor…

U.S. Needs to Revive Shallow-Water GoM E&P

Nov 24, 2019

The US should define the Gulf of Mexico Shallow Water Province as a distinct entity to avoid stranding more than $20 billion of its oil and gas resource, said a new research.According to a research from the Bureau of Safety and Environmental…

GoM Oil Output Set for Record Year

Nov 24, 2019

The U.S. Gulf of Mexico is positioned for another year of record oil production in 2020, despite massive cuts in investment.According to Rystad Energy, most of this growth coming from deep water projects.“2020 is expected to be another record year with average production above 1…

DOF Subsea Bags Trinidad, GOM Contracts

Nov 10, 2019

Norwegean subsea operating company DOF Subsea announced that it has won multiple contracts for projects in Trinidad and the U.S. Gulf of Mexico (GOM).The offshore services firm did not disclose the names of its clients.Skandi Neptune has been…

BOEM Announces New GoM Lease Sale

Oct 07, 2019

The US Department of the Interior's Bureau of Ocean Energy Management (BOEM) plans to offer about 78 million acres in a region-wide Gulf of Mexico lease sale scheduled for March 2020.Lease Sale 254, which would include all unleased areas in…

Otto Takes Control of Gulf of Mexico License

May 09, 2019

Otto Energy now owns 100% interest in the VR 232 license in the shallow water US Gulf of Mexico after acquiring the remaining 50% working interest Byron Energy.VR 232 is adjacent to Otto’s 50% owned South Marsh Island Block 71 oil field and production platform…

Talos Spuds Bulleit in US Gulf of Mexico

May 07, 2019

Talos Energy has started drilling the Bulleit appraisal well in Green Canyon Block 21 in the US Gulf of Mexico, says partner Otto Energy. The well is being drilled from the Noble Don Taylor drillship. The Bulleit prospect sits in approximately 1…

Repsol, LLOG to Partner on Deepwater US Gulf Developments

May 01, 2019

The U.S.-based exploration and production company LLOG Exploration Offshore and  Spanish oil company Repsol announced the signing of an Asset Exchange and Joint Participation Agreement in the deepwater Gulf of Mexico.The agreement provides for…

Danos Wins Shell Contract

Nov 05, 2018

Oilfield services provider Danos announced Monday that Shell Exploration and Production Company, a subsidiary of Royal Dutch Shell plc, has awarded a contract to for the coatings maintenance campaign for the Ursa tension leg platform (TLP).…

Subsea 7, OneSubsea Bag Gulf of Mexico Contract

Oct 03, 2018

Offshore oil services firm Subsea 7 has announced the award of a sizeable contract by Fieldwood Energy to Subsea Integration Alliance, a global partnership between Subsea 7 and OneSubsea, a Schlumberger company.The award is for the deepwater…

Stone hits pay at Mt. Providence

Jan 10, 2018

US-based Stone Energy hit oil at its 100%-owned Mt. Providence development well in Mississippi Canyon block 28, in the deepwater US Gulf of Mexico. The Mt. Providence well (also known as MC 28 #4) hit approximately 153ft of high quality…

Collaborative contracting

Jan 10, 2018

Audrey Leon looks at how BP’s new approach to working with its suppliers have led to quicker project start-up (First published in OE January 2018, view the full issue here). The Juniper platform offshore Trinidad and Tobago…

Florida cut from future offshore drilling

Jan 10, 2018

Just days after announcing the US would make 90% of the country's Outer Continental Self (OCS) open to future oil and gas lease sales, US Secretary of the Interior Ryan Zinke said he would take Florida off the table after the state's governor…

ArcLight acquires 26.5% in Shell's Perdido

Jan 09, 2018

A Boston-based private equity firm ArcLight Capital Partners has acquired a 26.5% non-operated stake in Shell's Perdido Regional Host from BP. The Perdido Regional Host spar platform is the only deepwater production facility serving the Gulf of Mexico’s Perdido Foldbelt Trend…

Current News

US Gulf: Infrastructure-led Exploration

US Gulf: Infrastructure-led Exploration

Relieving the Pressure of Subsea P&A Activity

Relieving the Pressure of Subsea P&A Activity

DeepOcean Wins IMR Work from Equnior

DeepOcean Wins IMR Work from Equnior

Zentech, WW Industries Partner

Zentech, WW Industries Partner

Saudi Aramco Sets Record $25.6 Bln IPO

Saudi Aramco Sets Record $25.6 Bln IPO

Timeline: Saudi Aramco's Winding Road to IPO

Timeline: Saudi Aramco's Winding Road to IPO

Petrobras CEO Says Too Early to Make Carbon Commitment

Petrobras CEO Says Too Early to Make Carbon Commitment

Magazine

Offshore Engineer (Sep/Oct 2019)

This issue of Offshore Engineer is dedicated to Big Data and Digitalization

Archive
Subscribe

Subscribe for OE Digital E‑News

OE Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week